Whilst redundant, it is great to manage your money wisely. If you want to spend some of your redundancy pay but are unsure what to spend it on, investing in yourself can be the best thing that you can do, as you are your own best asset.

Spending money on:

Courses

Seminars

Workshops

Training

Business networking events

Any type of learning resources

Can be good for you and your future career but before deciding what to spend your money on, first you need to write a list of:

What you want to achieve in the future

What you are good at

What you are not so good at

What makes you happy

This in turn should help you to target what to spend your money on, as an investment for your future, rather than spend money randomly on something that may not help you.

If you are worried about spending any of your money, it is your choice and one of the things that you can control in your life at the moment, whilst other aspects of your life may seem out of control.

If you are worried about money because you were always taught that “money doesn’t grow on trees” and “money is the root of all evil” then you may want to change your mindset to overcome this obstacle. A great blog article about this can be found at http://inspireyourbusiness.wordpress.com

Although I personally believe in saving money. I also strongly believe that I need to invest in myself and my future. These days I spend more money on my education and learning because I know it will help me to make more money in the future.

If you are thinking of setting up your own business, you may want to attend The Business Show in London: http://www.greatbritishbusinessshow.co.uk/seminars/ on the 6th and 7th of June 2013. I will be attending and even though it is an event that I hadn’t planned for and therefore will be spending money that I hadn’t budgeted for, I think it will be worth the investment. This is because I believe I am worth investing in and so should you believe you are worth investing in too. Believe in yourself and your own self-improvement and then others will believe in you and that includes potential employers or customers.

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